• Competitive task order awarded for USSOCOM’s Mid-Endurance Unmanned Aircraft Systems (MEUAS) program • Vertical takeoff and landing (VTOL) JUMP 20 unmanned aircraft system delivers true versatility and multi-mission capabilities without launchers or runways to USSOCOM and other customers AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems, today announced that its wholly-owned subsidiary Arcturus UAV, now operating under the AeroVironment brand, was awarded a competitive task order valued at approximately $7 million from the U.S. Special Operations Command (USSOCOM). The competitive task order is for a one-year period of performance, which started February 3, 2021.USSOCOM selected Arcturus UAV as one of six companies qualified for the potential $975 million Indefinite Delivery, Indefinite Quantity (IDIQ) MEUAS contract in June 2020. The contract enables awardees to compete for site-specific task orders and provide USSOCOM with unmanned aircraft systems services and support for intelligence, surveillance and reconnaissance (ISR) operations.